Islamic Banking Growth in Bangladesh Stalls: Fitch Report
The Islamic banking market in Bangladesh is facing significant liquidity challenges, making it more vulnerable compared to its conventional …
Islamic Banking
12th IsDB Private Sector Forum in Riyadh Sees $6.5 Billion in Agreements
The 12th Private Sector Forum, orchestrated by the Islamic Development Bank (IsDB) Group, recently concluded in Riyadh, marking a significant …
UAE Islamic Banking Assets Surge by AED86 Billion in 12 Months
The Islamic banking sector in the UAE has experienced remarkable growth in Islamic bank assets, with an increase of about AED86 billion over the past …
Emirates Islamic Wins ‘Best Overall’ and ‘Most Innovative Islamic Bank’ at 2024 IFN Awards
Emirates Islamic, a prominent player in the UAE’s Islamic finance sector, has garnered top honors at the Islamic Finance News Awards 2024. …
Qatar Central Bank Issues QR 1.5 Billion in Treasury Bills and Islamic Sukuk
Doha, – In a significant move to bolster its financial markets, the Qatar Central Bank (QCB) has issued QR 1.5 billion in treasury bills and …
Afghanistan Central Bank Joins Global Islamic Economics Forum in Malaysia
The Afghanistan Central Bank, also known as Da Afghanistan Bank, has recently sent a delegation to Malaysia to participate in the Global Forum of …
Aeon Bank Officially Launches Malaysia’s First Islamic Digital Bank
Aeon Bank (M) Bhd has officially launched Malaysia’s first Islamic digital bank, marking a significant milestone in the country’s banking sector. The …
Faisal Islamic Bank’s Business Volume Up 31% YoY in April
Amidst a rapidly evolving financial landscape, Faisal Islamic Bank of Egypt (FAIT) stands out with a remarkable year-on-year growth, underscoring its …
Zurich Takaful and AEON Bank Unite to Advance Inclusive Islamic Finance
In a significant move to advance financial inclusion in Malaysia, Zurich Takaful Malaysia has announced a strategic partnership with AEON Bank (M) …
Sharjah Islamic Bank Joins Haifin to Boost Fraud Prevention and Digital Transformation
In an ambitious move to bolster fraud prevention and accelerate digital transformation within the banking sector, Sharjah Islamic Bank (SIB) has …
National Bonds Joins DIFC DEWS Plan to Enhance Sharia-Compliant Investments
In a significant stride towards enhancing Sharia-compliant investment options, National Bonds, the UAE’s premier savings and investment company, has …
Bank Nizwa Collaborates with Endowment Institutions to Boost Waqf Projects
Muscat: In a strategic move to bolster the Islamic financial sector in Oman, Bank Nizwa, the leading Islamic bank in the Sultanate, has formalized …